1871 NW S River Dr
Miami, FL 33125
$320,000
$398/ft²
About this home
Spacious 1-bedroom + den, 2 bathrooms unit at Terrazas Riverpark Village featuring luxury finishes, high-end appliances, and premium fixtures. Den area offers flexible use as an office, a guest space, or an additional enclosed area. Large private balcony with views of the Miami River. Assigned parking space conveniently located on the fourth floor. Building amenities include a pool, fitness center, spa, sauna, rooftop terrace, dog park, party room, and 24-hour concierge. Centrally located near major highways, Miami International Airport, shopping, dining, and the Health District. The association has fully funded reserves and no special assessments
Features
- Waterfront
Property details
Listing
- MLS #
- A12031375
- Status
- For sale
- Listed on
- Jun 4, 2026
- Days on market
- 66 days
- Listing data updated
- Jun 5, 2026
Interior
- Beds
- 1
- Baths
- 2
- Living area
- 804 ft²
- Price per ft²
- $398/ft²
- Unit
- 1606
Building & community
- Type
- Condo
- Year built
- 2010
- HOA fee
- $991/mo
- County
- Miami-Dade
Lot & exterior
- Waterfront
- Yes
Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.
True monthly cost
- Mortgage (principal & interest)
- $1,618
- Property taxes (est.)
- $293
- Home insurance (est.)
- $317
- Flood insurance (est.)
- —
- HOA fee
- $991
Estimated total$3,219*/mo
* Some cost lines aren't available yet for this listing; the total shown is incomplete.
Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.
Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.
What will this home really cost you?
Building structural health (SIRS)
No filing record foundWe couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.
Questions about this
What is a SIRS and why does it matter?
Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.
Has this building filed its SIRS?
We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.
What is a special assessment?
A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.
What should I check before buying in this building?
Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.
Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.
Want the full structural picture of this building before you offer?
Location
Mortgage calculator
$1,618/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.
This listing is courtesy of Homes Real Estate Group Inc..
Ines Carreno · 786-556-2789 · inescarreno@hotmail.com · 305-392-1375
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Similar homes nearby
1 / 63D tour$320,000$487/ft²
9066 SW 73rd Ct
Miami, FL 33156
458 days on market
1 / 63D tour$320,000$322/ft²
7421 SW 152nd Ave
Miami, FL 33193
173 days on market
1 / 63D tour$320,000$275/ft²
6335 SW 138th Ct
Miami, FL 33183
148 days on market
1 / 63D tour$320,000$164/ft²
1800 NE 114th St
Miami, FL 33181
127 days on market